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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240713

2 on the s p 500. Wednesday,1. 5 on thursday up 1. 4 . Today, finishing the week on a hideout barring some major breakdown and expectations for these trade talks. 2 week highs fastenal, apple hitting intraday highs today. Take a look at the bond market. If we can flip back to that, this is where it really becomes a story here. Were seeing the bulls get squeezed, basically coming to a halt. We are up about 20 basis points this week alone on the 10 year. That threemonth10 year yield curve we saw, that inversion ,hat we got earlier this year we are now on inverted. The dollar week another day, three Straight Days in a row, and nymex crude, the bti up about 0. 8 . Hitting record highs. Absolutely sensational. Two things happening around the world. One is trade. The other is brexit. This is the british pound over the last five days. You can see it happening yesterday, and another big rally today for the pound. It is a huge move. People are getting squeezed really aggressively here. You can

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